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Title

Charles River Laboratories, Inc.

Description

From our headquarters near Boston, MA, Charles River Laboratories' 8,000 employees serve clients in more than 50 countries. We are a global provider of solutions that advance the drug discovery and development process. Our leading-edge products and services are designed to enable our clients to bring drugs to market faster and more efficiently. Backed by our rigorous, best-in-class procedures and our proven data collection, analysis and reporting capabilities, our products and services are organized into three categories spanning every step of the drug development pipeline: Research Models and Services, Preclinical Services, and Clinical Services.

Our customer base includes every major pharmaceutical and biotechnology company worldwide as well as leading academic institutions and government research centers. Pharmaceutical and biotech customers represented 76% of our 2003 sales, while academic institutions and government represented 15% and 9%, respectively.

Outsourcing helps pharmaceutical and biotech companies put more drug candidates in the pipeline, move those compounds through the pipeline faster, and at the same time control development costs. In many cases, the research programs at pharmaceutical companies are operating at or near capacity. Outsourcing helps them pursue the development of a greater number of compounds without taking on the added capital expense of constructing new facilities, hiring new people, and outfitting new labs with expensive equipment. In addition, outsourcing allows pharmaceutical and biotech companies to focus their internal R&D assets on core activities.

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